XRPL Lending Protocol Set for Dynamic Growth as SOIL Eyes First Integration
The XRP Ledger is entering a new chapter in its decentralized finance journey, with native lending and yield generation capabilities on the verge of significant expansion. Ripple officials have stepped forward to clarify the development roadmap, easing concerns within the developer community and signaling a structured, forward-thinking approach to protocol upgrades.
J. Ayo Akinyele, a Ripple executive, recently addressed questions surrounding the upcoming Lending Protocol v1.1, offering a clear and detailed explanation of what the update actually entails. According to Akinyele, v1.1 is not a replacement for the current v1.0 protocol — it is strictly an enhancement built on top of the existing framework. Developers and institutions currently working with v1.0 have no reason to pause their projects or wait for the newer version before proceeding.
"The protocol works as designed," Akinyele stated. "v1.1 enhances it: refinements and added flexibility driven by ecosystem feedback and where we want lending on XRPL to go." He further confirmed that v1.1 will be shipped as a standalone amendment that extends — rather than overwrites — the current protocol, and that v1.0 will not be deprecated at any point.
This distinction carries practical weight. Because v1.0 remains fully active and supported, developers can confidently deploy lending applications and financial use cases directly on the XRPL mainnet right now. The activation of v1.1 will follow the network's standard amendment process, which means validators will review it on their regular schedule without creating any dependency that would block action on v1.0.
Adding momentum to these developments, another Ripple executive confirmed that a fresh wave of lending and yield products is officially heading to the network. SOIL, a protocol well-established in institutional lending circles — offering services backed by USDC, RLUSD, and XRP — has announced its intention to integrate the XRPL Lending Protocol alongside SAV. The company is actively positioning itself to become the first application to leverage these native lending capabilities on the ledger.
If successful, SOIL's integration could introduce an entirely new category of yield-generating financial products directly to the XRP Ledger ecosystem, attracting both institutional participants and retail users seeking decentralized returns.
To support this next phase, SOIL has formally proposed the activation of two key technical standards: XLS-65 and XLS-66. The firm has called for their activation as soon as possible, arguing that prompt deployment is essential for the lending upgrade to be properly rolled out across the network.
The combination of protocol clarity from Ripple leadership and concrete integration plans from SOIL paints a picture of an ecosystem that is maturing quickly. With institutional-grade lending infrastructure taking shape on the XRPL, the ledger may soon position itself as a competitive venue for decentralized finance activity at scale.